DigitalOcean Director & Officer Files Form 144 to Sell $1.6M in Common Stock

Overview

On September 21, 2026, Padmanabhan T. Srinivasan, an Officer and Director of DigitalOcean Holdings, Inc. (NYSE: DOCN), filed a Form 144 notice of proposed sale covering 11,394 shares of Common Stock through Fidelity Brokerage Services LLC. The estimated market value of the transaction is $1,595,160.00, based on an approximate price of $140.00 per share.

Transaction Details

• Securities to be Sold: 11,394 shares of Common Stock.
• Aggregate Market Value: $1,595,160.00.
• Shares Outstanding: 117,579,550 shares (the proposed sale represents ~0.01% of total shares outstanding).
• Nature of Acquisition: The shares were acquired through restricted stock unit (RSU) vesting on June 1, 2026 (5,697 shares) and September 1, 2026 (5,697 shares) as equity compensation from the issuer.
• Trading Plan: The sale is conducted pursuant to a Rule 10b5-1 plan adopted on May 15, 2026.

Prior 3-Month Activity

Within the past three months, the filer reported two previous dispositions of common stock:

• August 17, 2026: 5,697 shares sold for gross proceeds of $735,539.67.
• September 3, 2026: 5,697 shares sold for gross proceeds of $602,343.81.

Assessment

Given that the transaction represents an immaterial fraction of shares outstanding and is executed under a pre-scheduled Rule 10b5-1 trading plan following equity vestings, the trading significance is considered Low.